Chinese chip trade group opposes export controls from U.S., Netherlands, Japan

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Chinese chip trade group opposes export controls from U.S., Netherlands, Japan
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The China Semiconductor Industry Association (CSIA), the country's top chip industry trade group, opposes reported export controls from the United States, Japan and the Netherlands, it said on Wednesday.

The restrictions, should they become a reality, "will cause serious harm to the semiconductor industry in China, with detriment to the global economy, as well as long-term damages to the interests of consumers world-wide," the association said in a statement.

CSIA also called on the Chinese government to establish rules "for maintaining the healthy development of the global semiconductor industry ecology."with export restrictions against China's chip sector that the U.S. government had announced in October 2022. The initial U.S. sanctions took aim at Chinese purchases of advanced artificial intelligence computing chips, as well as equipment that chip factories could use to produce leading-edge computing chips.

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